UAE Commercial Transactions Law

Article 570 — Article (570)

Book Four: Commercial Papers · Part One: Bill of Exchange · Chapter Seven: Payment of the Bill of Exchange: Article (568)

1. The bearer of a bill of exchange may not be compelled to receive its value before the maturity date. 2. Where the drawee pays off the value of the bill of exchange before the maturity date, he shall bear any consequences resulting therefrom.

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